S Harris Financial Group LLC Purchases New Stake in iShares Core S&P 500 ETF $IVV

S Harris Financial Group LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,026 shares of the company’s stock, valued at approximately $2,073,000. iShares Core S&P 500 ETF comprises approximately 2.0% of S Harris Financial Group LLC’s holdings, making the stock its 10th largest holding.

Several other hedge funds have also added to or reduced their stakes in the stock. Corient Private Wealth LLC grew its holdings in iShares Core S&P 500 ETF by 400.8% during the fourth quarter. Corient Private Wealth LLC now owns 17,425,305 shares of the company’s stock valued at $11,935,288,000 after purchasing an additional 13,946,081 shares during the period. Schonfeld Strategic Advisors LLC increased its position in iShares Core S&P 500 ETF by 3,927.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,161,918 shares of the company’s stock worth $5,590,424,000 after buying an additional 7,959,263 shares during the last quarter. Millennium Management LLC raised its stake in shares of iShares Core S&P 500 ETF by 93.3% in the fourth quarter. Millennium Management LLC now owns 14,494,278 shares of the company’s stock valued at $9,927,711,000 after buying an additional 6,995,145 shares during the period. Walleye Capital LLC bought a new stake in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $4,531,611,000. Finally, Marshall Wace LLP lifted its position in shares of iShares Core S&P 500 ETF by 28.5% during the 3rd quarter. Marshall Wace LLP now owns 27,524,315 shares of the company’s stock valued at $18,422,024,000 after buying an additional 6,101,936 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

IVV stock opened at $750.11 on Friday. The stock has a fifty day moving average of $734.01 and a 200-day moving average of $700.66. iShares Core S&P 500 ETF has a fifty-two week low of $594.71 and a fifty-two week high of $764.00. The company has a market capitalization of $828.31 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.